Emissions Trading News

  • New report examines risks of 4 degree hotter world by end of century

    The world is barreling down a path to heat up by 4 degrees at the end of the century if the global community fails to act on climate change, triggering a cascade of cataclysmic changes that include extreme heat-waves, declining global food stocks and a sea-level rise affecting hundreds of millions of people, according to a new scientific report released today that was commissioned by the World ...


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  • California cap-and-trade system launches first auction

    In a move that could set the tone for a national carbon market in the United States, the California Air Resources Board (ARB) has launched the first auction of its cap-and-trade system for greenhouse gases. The California's cap-and-trade program is the first large-scale carbon market in the US, and could become the world's second largest carbon market after the European Union's Emission Trading ...


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  • California Kicks Off Cap-and-Trade Program to Auction Carbon Emission Credits

    Today, California kicked off the first auction of their cap-and-trade system for greenhouse gases under the California Air Resources Board (CARB) new cap-and-trade program. This is the first large-scale carbon market in the United States, and is expected to be the second largest carbon market in the world, after the European Union. "Many may agree, especially with the buzz around climate change ...


    By Locus Technologies

  • Shipping industry moves to reduce emissions

    Maritime shipping is the world's most carbon-efficient form of transporting goods and the industry has now taken steps to further improve the fuel efficiency and reduce the carbon footprint of its vessels and supply chain. Three large multinational corporations, which together ship over 350 million tons of commodities annually, have agreed to charter only the ...


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  • SFW Delivers Interactive River Restoration Solution for the Environment Agency

    SFW, and its client the Environment Agency, are delighted to announce that River Wiki http://riverwiki.restorerivers.eu is now live. This interactive knowledge management system which works like Wikipedia enables the collation and sharing of information on river restoration projects across Europe. This Wiki-style web-based information tool, built using Open Source technology, is expected to be ...

  • Australia to join EU`s emissions trading system

    Australia will scrap its planned floor price for carbon emissions and will link directly with the European Union's emissions trading system by 2018, Climate Change Minister Greg Combet said ...


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  • INSIGHT Delivers Supply Chain Solutions for Cap & Trade Restrictions

    INSIGHT, Inc., a top international provider of supply chain planning solutions for the world's foremost companies, believes that Cap & Trade Restrictions are growing in importance to the C-Suite due to recently adopted regulations in California. The ...


  • On the road to...Carbon Forum Asia

    COP 17 in Durban paved the way to a road that leads all countries to take action on climate change by 2020. But what happens between now and then? What are the defining issues that negotiators face and how are they affecting Asia and the global carbon markets? What is Asia doing to mitigate climate change through market mechanisms and how will it influence this process? What does the future hold ...


  • “Texas Climate & Carbon Exchange” Opens for Global Trading Announces deals with Australian and Japanese partners

    Starting today at 9:30 am Eastern/8:30 am Central, Texas Climate & Carbon Exchange (TCCX) opens worldwide trading, making the carbon credits of 145 members from 22 companies available to companies, utilities, and municipalities in North America. The electronic, emissions offsets mercantile dedicated to global trading of carbon offsets and credits celebrated the launch of the exchange last ...

  • EU Emissions Trading System: European Commission approves the UK’s national auction platform

    Today the European Commission (EC) Climate Change Committee (CCC) voted to approve the UK’s national auction platform for phase III and aviation auctions under the European Union Emissions Trading System (EU ETS). Welcoming this important vote, Greg Barker said: “This announcement is a further step towards ensuring that we can start auctioning phase III and aviation allowances as ...

  • Climate action in a distracted world

    Thanks very much Bernice, and thanks to Chatham House for hosting this event. There are few think tanks that are global in both outlook and recognition. This is one of them. So I’m very pleased to be here to talk about a subject of global importance. When I first got interested in the green agenda – as an idealistic student – climate change was just crossing over into the public ...

  • First round of new loan scheme shows great interest in CDM Projects

    A newly launched loan scheme aimed at helping spur Clean Development Mechanism (CDM) projects in developing countries closed its first round of applications with a strong show of interest from countries across the world. The CDM Loan Scheme received applications from 42 projects in 23 countries in Latin America and the Caribbean, Asia and Africa. Africa had the bulk of applications, with 29 ...


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  • Strong majority favours BC`s carbon tax

    British Columbia's carbon tax has broad-based support from businesses, non-governmental organizations, academics and community leaders, and most think the policy has been positive for the province. A new study released by the Pembina Institute assesses the overall consequences of the carbon tax based on input from BC's economic and social ...


    By GLOBE Foundation

  • Enhesa and Baker & McKenzie join forces on emissions trading

    Are you aware of global developments in emissions trading regulation and how these will impact you? Are you prepared to reduce your emissions and are you prepared to pay for this? What are the legal compliance challenges of emissions trading schemes? How do different trading schemes relate to each other and what does this mean for your business? Over 50 countries or regions around ...

  • Enhesa and Baker & McKenzie join forces to host a free webinar on emissions trading -- 3 and 16 July 2012

     On July 3rd and 16th, Enhesa and Baker & McKenzie will come together to co-host a complimentary webinar on emissions trading. Some 50 countries or regions around the world are now looking at some form of national regulation to limit greenhouse gas emissions. As leading practitioners in the field, Enhesa and Baker & McKenzie will provide unique insight on the significant global ...

  • Canadian government releases plan to tackle airline emissions

    The federal government has released details of a new plan to reduce aviation emissions and to lower fuel costs. The Plan "Canada's Action Plan to Reduce Greenhouse Gas Emissions from Aviation" was developed by the Government of Canada in concert with the Canadian aviation industry. It relies ...


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  • New initiatives give hope to a carbon market facing challenges

    The total value of the carbon market grew by 11 percent in 2011, to $176 billion, and transaction volumes reached a new high of 10.3 billion tons of carbon dioxide equivalent (CO2e) according to a new report from the World Bank. According to State and Trends of the Carbon Market 2012 this growth took place in the face of economic turbulence, growing long-term oversupply in the EU Emissions ...


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  • Climate action reserve becomes first registry to begin accepting compliance offset projects for California’s cap-and-trade program

    The Climate Action Reserve, the nation’s premier carbon offset registry, has become the first registry to accept submissions for greenhouse gas (GHG) emissions reduction projects under California’s cap-and-trade protocols while it undergoes the application process to become a California Air Resources Board (ARB) accredited offset project registry. Project owners and developers may ...


    By Climate Action Reserve

  • South Korea passes landmark emissions trading legislation

    UK Climate Change Minister Greg Barker said: “I want to congratulate the South Korean Government and the National Assembly on passing this landmark legislation on emissions trading. The UK strongly supports the use of carbon markets to drive forward low-cost carbon abatement and to promote ambitious emission reduction targets. This is an important step in South Korea’s green growth ...

  • South Korea passes legislation for carbon cap and trading scheme.

    South Korea's National Assembly recently passed legislation on the Allocation and Trading of Greenhouse Gases Emissions. The greenhouse gas (GHG) trading scheme will be implemented effective January 1, 2015. Korea's industrial sector has long opposed the emission-trading scheme. It has maintained that if the proposed law were passed Korean manufacturers would be unable to compete with ...


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